New role reflects ongoing growth and evolution of the business
Wealth management platform provider, HUB24 (ASX: HUB) today announced the appointment of Craig Lawrenson as Chief Operations Officer. Starting mid-August, the newly created role reflects the ongoing evolution of the business.
Mr Lawrenson will report directly to HUB24 Managing Director Andrew Alcock. The appointment follows a period of strong growth for HUB24, which saw it triple funds under administration in the past two years, reaching $5 billion last month.
Mr Lawrenson is a chartered accountant and brings more than 20 years’ experience in the financial services industry holding several roles across operations, distribution, product management and development. Throughout his career at BT he was integrally involved in the development of BT Wrap and in 2010 took on responsibility for the Asgard business. More recently, as Head of Product and Business Architecture, Craig was involved with the strategy and implementation of BT Panorama, and as Head of SMSF, established the BT SMSF business.
Commenting on the appointment, Mr Alcock said the new role reflected the ongoing evolution of the business.
“Craig’s appointment to COO reflects not only the rapid growth of our business but our ongoing commitment to providing a market-leading product and customer experience. Craig has an impressive reputation in the industry and we’re delighted to have him joining the HUB24 team.”
Additionally, HUB24 announced the creation of a strategic development council to advise on business strategy across all segments. The council will comprise of Agility Applications Directors Craig Apps and Paul Biggs with Paragem Directors Ian Knox and Charlie Haynes, alongside members of the platform executive team, leveraging their collective expertise from the platform, advice and broking segments.
Mr Lawrenson commented that: “This is an exciting opportunity for me. I am joining HUB24 as it enters a new phase of growth, I look forward to working with the team at HUB24 as we position the business for the future.”
